As previously reported by CIRCUITS ASSEMBLY, revenue was up 42.5% to NT$789.9 billion ($27.1 billion). That means Foxconn recorded more revenue in the first three months of 2012 than any EMS company save for Flextronics will generate in all of 2012.

Not everything was golden, however. Revenue was down 14.1% for the period, and net income plunged 57.3%. Gross margin slipped 50 basis points from a year ago to 4.02%.